Q. Consider the following statements regarding “International Solar Alliance”:
1.It is an Indian initiative, jointly launched by India and France in Paris.
2.It aims to channel $300 billion in 10 years to promote renewable energy projects under a global mega fund for clean energy.
Which of the statements given above is/are correct?

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: C
Notes:

Explanation: International Solar Alliance is an Indian initiative, jointly launched by India and France in Paris, on the side lines of COP-21, the UN Climate Conference held at Paris.

  • It is instituted to connect 121 solar-resource-rich nations for research, low-cost financing and rapid deployment of clean energy.
  • HQ – India (Interim Secretariat – Gurgaon). It aims to channel $300 billion in 10 years to promote renewable energy projects under a global mega fund for clean energy.
  • Membership – The 121 prospective member countries (those falling between the Tropics of Caner and Capricorn) of the ISA and are also the United Nations member, can join the Alliance by signing and ratifying the Framework Agreement or by acceptance or approval.

Source: FORUMIAS